PDA

View Full Version : Share your experience with loan sharks


yamashikata
16-10-2017, 12:48 PM
Some of us may have turn to moneylenders (legal and illegal) to fund our sex drive or our gambling habits.

Do share your experiences in this trade (as a debtor or an ex-ah long)

How they operate, how to negotiate with them, how to avoid trouble etc.

I think nowadays they operate w/o the need to meet up to verify your IC like last time. Now everything goes by Singpass.

HeadOn
16-10-2017, 01:08 PM
My advice is avoid them. If you are addicted to vice please find professional help.

LatinoHeat
16-10-2017, 02:01 PM
If really by Singpass, even more dangerous. They can take and apply for all sort of shit. Those who give will die more fast and jialat then the old method of passing ic to loan.

yamashikata
16-10-2017, 02:20 PM
If really by Singpass, even more dangerous. They can take and apply for all sort of shit. Those who give will die more fast and jialat then the old method of passing ic to loan.

Not so. They can only access one time with your OTP.

NaNaKomatsuOnly
16-10-2017, 02:25 PM
best experience is no experience.
Better to confess to immediate family members , clear the debt and repay back family members than loan shark.

yamashikata
16-10-2017, 02:34 PM
Hey bros im not asking for advise here as i have no dealings with them.

Just wanna know any strories or expereince in dealing with them

liberty666
16-10-2017, 03:08 PM
Nowadays they are not as professional as before. I only interested in scamming these blood suckers.

My ex-collegue nearly jumped down cos of them. Well....blame him for approaching Ah Longs.

HeadOn
16-10-2017, 03:52 PM
Some are really greedy too. If you settled all the loans w them, they think Wah how come u can settle the debt, must be got some help behind who got money. So they will try to blackmail for more

SiaSuay
16-10-2017, 04:28 PM
Never mess with them . They can make your life miserable .

XiaoYaoZi
16-10-2017, 04:54 PM
Please don't get involved with them. Not worth it. Just helped a poor girl get out of it.

Fund your fun lifestyle with safer means man. Good luck.

ceeko
16-10-2017, 04:59 PM
You're fucking nuts to borrow from ah longs for sex!! WTF are you thinking?

Even now if you live at blk 663 Yishun also no use already.

Again, you're simply nuts.

Blackenrose
16-10-2017, 05:58 PM
Some are really greedy too. If you settled all the loans w them, they think Wah how come u can settle the debt, must be got some help behind who got money. So they will try to blackmail for more
This part is true.. When u managed to pay them they still continue to harrass

kellywonderland
17-10-2017, 12:16 AM
only silly people go find loan sharks...

but nowadays loan sharks seems silly as well...

see this video...

https://www.youtube.com/watch?v=HvG5vMOv4yk

post their pics somemore...

blowfish
17-10-2017, 05:30 AM
Ah long always like called their business "stall". One stall will always consists of one or two operators. If is 2, most likely they merge or take turns to listen phone calls and one runner. Operators n runner have mthly salaries. Operator $1500 and runner $1300. And the pot has $70,000 usually. The t&c's are simple, the stall has 2mths to shoot all $70,000 out. All loans range from $500 to $1000 max. Gurentors cannot take loan. Once $70,000 is all outside floating. Its harvesting time.

blowfish
17-10-2017, 05:36 AM
How does this operators profit? Under the t&c's operator must collect back the intrests n $70,000 floating outside. Operator's quota is $70k. Once done, top boss will split the profit 50/50 with the operator. But how the operator n top boss work or meet?

To be continue....

yamashikata
17-10-2017, 08:03 AM
How does this operators profit? Under the t&c's operator must collect back the intrests n $70,000 floating outside. Operator's quota is $70k. Once done, top boss will split the profit 50/50 with the operator. But how the operator n top boss work or meet?

To be continue....

This is interesting. So you mean the operator salary is $1500+commission ?
If one operator is known as "stall", a group of "stalls" is known as ? Syndicate ?

Giansex
17-10-2017, 08:36 AM
How does this operators profit? Under the t&c's operator must collect back the intrests n $70,000 floating outside. Operator's quota is $70k. Once done, top boss will split the profit 50/50 with the operator. But how the operator n top boss work or meet?

To be continue....

If $70k loan out they will earn 14k in profit in 5weeks...Most ah Loan now based in China or bkk..

yamashikata
17-10-2017, 12:26 PM
If $70k loan out they will earn 14k in profit in 5weeks...Most ah Loan now based in China or bkk..

14k is provided the debtors pay up. And not include late interest and all.

Also include those who run off with the money

I believe some are in singapore but use oversea sim cards ?

Giansex
17-10-2017, 01:15 PM
14k is provided the debtors pay up. And not include late interest and all.

Also include those who run off with the money

I believe some are in singapore but use oversea sim cards ?

How many can run off with ah Loan money..Only way is jump down...

HeadOn
17-10-2017, 03:36 PM
How many can run off with ah Loan money..Only way is jump down...

Not the end if jump down too. They will go after the family

I wonder will there be pple who up against the wall try to ambush Lown shark or at least the runners

Giansex
17-10-2017, 04:20 PM
Not the end if jump down too. They will go after the family

I wonder will there be pple who up against the wall try to ambush Lown shark or at least the runners

The operator will not show up..They have plenty of runners to work for them...If given a choice I be okt than. Loanshark..Loanshark kena caught face very harsh sentence.lol

HeadOn
17-10-2017, 04:25 PM
The operator will not show up..They have plenty of runners to work for them...If given a choice I be okt than. Loanshark..Loanshark kena caught face very harsh sentence.lol

Loan shark or runner caught will get canning but not for okt. Also general jail terms also longer too

BlueDemon
17-10-2017, 07:38 PM
The operator will not show up..They have plenty of runners to work for them...If given a choice I be okt than. Loanshark..Loanshark kena caught face very harsh sentence.lol

okt also the same. jailed, fine and shamed by peers.
Wanna do, cannot show face.

blackknight24Ba
17-10-2017, 11:08 PM
Some are really greedy too. If you settled all the loans w them, they think Wah how come u can settle the debt, must be got some help behind who got money. So they will try to blackmail for more

if settle already they still want more?

yamashikata
18-10-2017, 03:16 AM
if settle already they still want more?

Apparently some of the OKT yes. They will demand more.

blowfish
18-10-2017, 05:08 AM
This is interesting. So you mean the operator salary is $1500+commission ?
If one operator is known as "stall", a group of "stalls" is known as ? Syndicate ?

Yes, while one stall is brunch out, 2nd and 3rd will follow suit. Its called organized crime syndicate. (A) stall wont know about (B) stall's presence or (C) stall. This is their safety net. When one stall get busted, the other 2 stall is still active. Most workers dont use personal line for work and they dont use real name. Most stall have the operators nick. Example, dino, water melon or ah shan...

blowfish
18-10-2017, 05:22 AM
This is interesting. So you mean the operator salary is $1500+commission ?
If one operator is known as "stall", a group of "stalls" is known as ? Syndicate ?

Loan sharks dont use commission as incentives. Example u take a loan of $500, take back $400, u pay 5 weeks @ $100 each. When the 3rd week comes and you have problems paying the $100. If its a delay due to salary date or ball settlement. Most people will call the operator and ask for few days grace. At first operator will say your loan is new one, no delay. Or not cut. But endup you'll say "i por u abit can?"
Operator will then say ok, u transfer $40 to me now, 3 days later u must zip xao ($100). Doing so operator, will fork out $100 to cover this owing due. Doing so, he just made $40 from one leg. 10 legs a day, he make $400.

blowfish
18-10-2017, 05:31 AM
Operator can request, what ever he likes when your week payment date is due. They always like to say "wu wa gong, bo li gong"
Their working hrs in their so call office is short. Usually is 6pm to 8pm, by then if all collections and shoot loan is completed, its happy hours all night long.
Its dangerous to hangout at kopishop during working hrs. Thats where most of them get ambush. Runner's job is the most relax n boring job. Picture this, a runner can walk from plaza sing to far east square. Then from taka to og orchard.Every shopping mall will have fast food or mac. Ever tried drinking or sipping 8 cokes in 3hrs, while walking around?

Too be continue

Giansex
18-10-2017, 08:17 AM
Duno if the risk for being loanshark is worthwhile..Coz if tio caught cfm caning.

yamashikata
18-10-2017, 09:41 AM
Operator will then say ok, u transfer $40 to me now, 3 days later u must zip xao ($100). Doing so operator, will fork out $100 to cover this owing due. Doing so, he just made $40 from one leg. 10 legs a day, he make $400.

So the operator will have to settle the loan out from their own pocket first ?

Thats new

They always like to say "wu wa gong, bo li gong"

Runner's job is the most relax n boring job.
Too be continue

Whats the meaing of "wu wa gong, bo li gong" ?

I thought runner is the most dangerous job ? Your runner here is those "painters" or doing bank transfer ?

yamashikata
18-10-2017, 09:43 AM
Thanks to all for some important inputs. Keep them coming.

I wonder, is there any way to stop them from harassing you, even after the loan is fully repaid ?

blackknight24Ba
18-10-2017, 10:21 AM
Thanks to all for some important inputs. Keep them coming.

I wonder, is there any way to stop them from harassing you, even after the loan is fully repaid ?

bro interesting thread and good information :D

Giansex
18-10-2017, 11:12 AM
So the operator will have to settle the loan out from their own pocket first ?

Thats new



Whats the meaing of "wu wa gong, bo li gong" ?

I thought runner is the most dangerous job ? Your runner here is those "painters" or doing bank transfer ?

Mean u have no say as a debtors..I think runner refer to those who deposit cash to the debtors...

yamashikata
18-10-2017, 11:31 AM
https://sg.yahoo.com/news/organised-criminal-group-singapore-crippled-55-men-women-arrested-081902829.html

In a joint operation, Police and Singapore Customs have crippled an organised criminal group (OCG) and arrested 44 men and 11 women.
The suspects were allegedly involved in offences such as unlicensed moneylending and gang-related activities, operating illegal gambling dens, as well as dealing in duty-unpaid cigarettes.
The crackdown against the suspects, aged between 19 and 79, took place on Saturday (14 October) with officers from the Criminal Investigation Department (CID) and Singapore Customs conducting simultaneous raids at more than 10 locations islandwide, including Ang Mo Kio, Geylang, Sengkang, Toa Payoh and Yishun.
During the operations, cash of almost $600,000, suspected moneylending records, computers, mobile phones, gambling paraphernalia and more than 550 cartons of duty-unpaid cigarettes were seized. Police have also begun freezing of the suspects’ bank accounts.

Items linked to illegal moneylending activities by an organised criminal group have been seized by the Police. Photo: Singapore Police Force
Investigations against all the suspects are ongoing for offences under the Organised Crime Act, Moneylenders Act, Common Gaming Houses Act, Societies Act, and Customs Act.
Deputy Commissioner of Police (Investigations & Intelligence) concurrent Director of the Criminal Investigation Department Tan Chye Hee reiterated Police’s stand against OCGs, “We will spare no efforts to continue to disrupt and dismantle these OCGs and deprive them of their ill-gotten gains.”

Cuntworth
18-10-2017, 12:51 PM
Can never catch the LoanSharks...
Still remember the case of ah long San who kana caught and send to jail.. He inside sitting but his workers outside running his stalls for him ... Come out Liao still a man living like a rich guy...

yamashikata
18-10-2017, 01:06 PM
Can never catch the LoanSharks...
Still remember the case of ah long San who kana caught and send to jail.. He inside sitting but his workers outside running his stalls for him ... Come out Liao still a man living like a rich guy...

Then it proves that the mastermind or the syndicate leader can be caught

And they are in fact operating in Singapore and not from oversea

Cuntworth
18-10-2017, 01:37 PM
Then it proves that the mastermind or the syndicate leader can be caught

And they are in fact operating in Singapore and not from oversea

They operate in a unique style in Singapore ... Even those licensed moneylender behind Oso got support from those loanshark ... Just need a $200k to start up a stall and they are protected by laws when need to collect debts
Many grey area between LS and lic moneylender... All Oso act like gangsters when come to collecting debts.

FUNNYANDHORNY
18-10-2017, 01:49 PM
Bro CW,
got pics of the loansharks? ...😍😍

liverpoolreds88
18-10-2017, 02:22 PM
Thanks to all for some important inputs. Keep them coming.

I wonder, is there any way to stop them from harassing you, even after the loan is fully repaid ?

I guess the only way is to go to the police. My bro went to the police after being harrassed by them. After he changed all his contact numbers and move out. He has since started a new life.

localla
18-10-2017, 02:29 PM
Some of us may have turn to moneylenders (legal and illegal) to fund our sex drive or our gambling habits.

Do share your experiences in this trade (as a debtor or an ex-ah long)

How they operate, how to negotiate with them, how to avoid trouble etc.

I think nowadays they operate w/o the need to meet up to verify your IC like last time. Now everything goes by Singpass.

Share about? Share with them?

Timetogo
18-10-2017, 03:47 PM
Nowadays they are not as professional as before. I only interested in scamming these blood suckers.

My ex-collegue nearly jumped down cos of them. Well....blame him for approaching Ah Longs.

Jump down? why not let them kill instead, then they will get death penalty. One life for one life, isn't it a better deal?:(

Timetogo
18-10-2017, 03:56 PM
Thanks to all for some important inputs. Keep them coming.

I wonder, is there any way to stop them from harassing you, even after the loan is fully repaid ?

I can't see any reason for them to waste time harassing you when you have fully paid. What actually they want from you when there is no more gain to profit? Can try asking them, I am curious too.
btw, if you can at least pay them the interest, why are they still harassing you? After all, what they want is monies only, right? But if you say you can't even pay them the interest where you agree to it before the loan, then why you want take the loan?:confused:

Splitter100
18-10-2017, 03:57 PM
Thanks to all for some important inputs. Keep them coming.

I wonder, is there any way to stop them from harassing you, even after the loan is fully repaid ?

Very simple
If can squeeze they will squeeze more
They will NOT stop

ibanezjem555
18-10-2017, 09:52 PM
Most probably, not want to kill you or else the golden goose is dead. Many things in life worse than death.

Just stay away from them for your own sake and your family's sake..

Jump down? why not let them kill instead, then they will get death penalty. One life for one life, isn't it a better deal?:(

blowfish
19-10-2017, 07:01 AM
So the operator will have to settle the loan out from their own pocket first ?

Thats new

Yes, lab xao case you already made $40. U only fight $60. But in some cases, the operator is willing to fight blackjack with the good leg, especially those the payment is prom n swee... for operators that a smart n dont gamble. Usually they make it to the top. Its very fast earn money.


Whats the meaing of "wu wa gong, bo li gong" ?

I thought runner is the most dangerous job ? Your runner here is those "painters" or doing bank transfer ?

Runners got alot of type. 包山包海 type, salary is $70 a day. Usually is scan ic or leave note on door gate. Those that do walls n paint, only debtors go do. Runners are workers, not have to be debtors. Smart operators dont take this kinda risk as even runners know who their boss is

blowfish
19-10-2017, 07:24 AM
Loan sharks got good and bad ones. If you ask me, what is the best loan to do. I'll proberly say the "duck loan" aka arh sao
Arh sao is simple to manage, no need zao xao. Borrow $500/1000, take back $450/900. Intrest $45/90;a week. Payment clear only in full, $500/1000. My computer only input column, no need output column. Debtor also wont run so fast.

Got one more is monthly loan, geh xao. Monthly loan not many want to do cause longer waitting time for returns and must be cash flow rich. At least $100,000 capital.

But i can tell you guys, never believed in what you see. Alot of loan sharks have a day job, especially those working independantly. At day can be a toilet paper salesman, at nite drive bmw go clubbing 😊

blowfish
19-10-2017, 07:35 AM
Most probably, not want to kill you or else the golden goose is dead. Many things in life worse than death.

Just stay away from them for your own sake and your family's sake..

I once know a bookie from the north area doing big on football betting. Player has lost to him a few properties and still ask the player go jump cause he refused to sell his last assets. Endup player did jump, broke both legs and become police case. After awhile later, bookie is back in business. Like tat also can? Dont say loan shark cannot find you, as long as you have register your new address n banking address, its never hard to find a person in singapore. Its only computer clicking in 5mins, they know where your new address

To be continue... anyone game to know more, up me

yamashikata
19-10-2017, 09:32 AM
Loan sharks got good and bad ones. If you ask me, what is the best loan to do. I'll proberly say the "duck loan" aka arh sao
Arh sao is simple to manage, no need zao xao. Borrow $500/1000, take back $450/900. Intrest $45/90;a week. Payment clear only in full, $500/1000. My computer only input column, no need output column. Debtor also wont run so fast.

Also known as defer payment ?

BroW
19-10-2017, 09:45 AM
For ladies, maybe have the flexibility of own money pay unlimted shot if got the standard.

yamashikata
19-10-2017, 09:54 AM
For ladies, maybe have the flexibility of own money pay unlimted shot if got the standard.

I dont think any operators wil risk revealing themselves to the female debtors.

I heard in China, the loansharks make the ladies take naked pic of themselves with their IC. So far singapore have no such case yet ?

Giansex
19-10-2017, 01:02 PM
Loan sharks got good and bad ones. If you ask me, what is the best loan to do. I'll proberly say the "duck loan" aka arh sao
Arh sao is simple to manage, no need zao xao. Borrow $500/1000, take back $450/900. Intrest $45/90;a week. Payment clear only in full, $500/1000. My computer only input column, no need output column. Debtor also wont run so fast.

Got one more is monthly loan, geh xao. Monthly loan not many want to do cause longer waitting time for returns and must be cash flow rich. At least $100,000 capital.

But i can tell you guys, never believed in what you see. Alot of loan sharks have a day job, especially those working independantly. At day can be a toilet paper salesman, at nite drive bmw go clubbing 😊

Duck loan most profitable for loanshark..Coz principle is always deferred interest is 10% weekly...Most license moneylender also link to ah Loan

yamashikata
19-10-2017, 05:31 PM
When they ask for your Singpass, which website do they normally log into ?

CPF
IRAS
HDB
NS

??? :confused:

Cuntworth
19-10-2017, 07:23 PM
Duck loan most profitable for loanshark..Coz principle is always deferred interest is 10% weekly...Most license moneylender also link to ah Loan

Think so... Why would any business man put their $$ in such a stall and end up kana curse and swear by the debtors till 7th generation . Ah long use the businessman as front behind all are ah long gang doing.

Cuntworth
19-10-2017, 07:24 PM
I once know a bookie from the north area doing big on football betting. Player has lost to him a few properties and still ask the player go jump cause he refused to sell his last assets. Endup player did jump, broke both legs and become police case. After awhile later, bookie is back in business. Like tat also can? Dont say loan shark cannot find you, as long as you have register your new address n banking address, its never hard to find a person in singapore. Its only computer clicking in 5mins, they know where your new address

To be continue... anyone game to know more, up me

Wonder what kind of app or website they use to know one address or banking details??? Govt sleeping ???

yamashikata
19-10-2017, 07:53 PM
Wonder what kind of app or website they use to know one address or banking details??? Govt sleeping ???

I read many years ago , a bank employee was arrested for providing the address to a ah long syndicate

blowfish
20-10-2017, 07:02 AM
Duck loan most profitable for loanshark..Coz principle is always deferred interest is 10% weekly...Most license moneylender also link to ah Loan

Not MOST, all is... its like i wana do day and night business. However, its not cheap to do with license. My bro once mentioned that getting liscense is already not easy, then company account required 1 million. Dont know how true but, i've seen his big boss before, bloody age is so young. Mid 30s, come out never alone. Mostly accompany by several boss stalls. Each of them have at least 6 or 8 stalls. I ever wondered, how much is his weekly income?... $20k, $50k? Or even $200k? Left me puzzled until i once saw them gambling in the pub, the big boss lost almost $100k+ on poker, its common that loan sharks dont carry more then a few hundreds with them, he borrowed $5k to $10k each time from the players he looses. During the end game, he made a call. 45mins later, a guy walk in with a sling bag. This guy is what i named him, his walking atm. He then poured bundles of huge notes on the table n start asking every player how much my boss owed. This is what i call, Cash is King...

blowfish
20-10-2017, 07:06 AM
Wonder what kind of app or website they use to know one address or banking details??? Govt sleeping ???

If you have an account with ACRA, as long as you update your new address with police or bank. ACRA is updated too, not hard to find a run road person

Giansex
20-10-2017, 07:51 AM
Not MOST, all is... its like i wana do day and night business. However, its not cheap to do with license. My bro once mentioned that getting liscense is already not easy, then company account required 1 million. Dont know how true but, i've seen his big boss before, bloody age is so young. Mid 30s, come out never alone. Mostly accompany by several boss stalls. Each of them have at least 6 or 8 stalls. I ever wondered, how much is his weekly income?... $20k, $50k? Or even $200k? Left me puzzled until i once saw them gambling in the pub, the big boss lost almost $100k+ on poker, its common that loan sharks dont carry more then a few hundreds with them, he borrowed $5k to $10k each time from the players he looses. During the end game, he made a call. 45mins later, a guy walk in with a sling bag. This guy is what i named him, his walking atm. He then poured bundles of huge notes on the table n start asking every player how much my boss owed. This is what i call, Cash is King...
The big boss shld be taking over family business bah..Mid 30s how to have so.much cash to roll??Last time legal loanshark also hiong no money sell hdb lo..I have agent fren working with them too..hahaa

blowfish
21-10-2017, 05:56 AM
The big boss shld be taking over family business bah..Mid 30s how to have so.much cash to roll??Last time legal loanshark also hiong no money sell hdb lo..I have agent fren working with them too..hahaa

What kind of boss you are, your employees will follow you. My bros are the best teacher n boss, they are those that will help brothers looking for job n make money. (Same logo only) they not only teach n guide, they share experinces as well. Who has been to this pub at hk street, 中元 before?

yamashikata
22-10-2017, 02:46 PM
Is it true that they only target HDB flats and not condo ?

I never hear or seen any condo units being harrass before.

NotMyPresident
22-10-2017, 04:39 PM
I once know a bookie from the north area doing big on football betting. Player has lost to him a few properties and still ask the player go jump cause he refused to sell his last assets. Endup player did jump, broke both legs and become police case. After awhile later, bookie is back in business. Like tat also can? Dont say loan shark cannot find you, as long as you have register your new address n banking address, its never hard to find a person in singapore. Its only computer clicking in 5mins, they know where your new address

To be continue... anyone game to know more, up me


As long as you are on this island anyone can find you .

LuisToh
22-10-2017, 08:42 PM
As long as you are on this island anyone can find you .

Out of this island also can find .

blowfish
23-10-2017, 06:08 AM
Is it true that they only target HDB flats and not condo ?

I never hear or seen any condo units being harrass before.

Most Condo units got guards. You'll need to submit unit number n sign in. Worker not stupid to do tat

blowfish
24-10-2017, 06:34 AM
But usually operators will try not to except loans using under private apartment/condo address. Cause its quite troublesome, guarantor sure kana big time from haressment.

Cuntworth
24-10-2017, 08:40 AM
Read on newspaper ... Police busted a loan shark stall... Wonder how many still outside doing business

yamashikata
24-10-2017, 10:36 AM
Read on newspaper ... Police busted a loan shark stall... Wonder how many still outside doing business

As long as got demand there will be stalls

Siriusam
24-10-2017, 11:03 AM
good read!

Giansex
25-10-2017, 09:46 AM
As long as got demand there will be stalls

Many stalls out there..High risk high return venture..Once a debtors borrow with them hard to clear the debt.as debtor tend to borrow back again..Recurring profit.

pussylicious12345
25-10-2017, 01:42 PM
Some of us may have turn to moneylenders (legal and illegal) to fund our sex drive or our gambling habits.

Do share your experiences in this trade (as a debtor or an ex-ah long)

How they operate, how to negotiate with them, how to avoid trouble etc.

I think nowadays they operate w/o the need to meet up to verify your IC like last time. Now everything goes by Singpass.

Loansharks are bastard who will resort to anything to recover the loan, and they took advantage of desperate people and charge exorbitant interests. But in the first place, if no one approaches them for a loan, would they survive? Answer is no. In the end, the biggest fool is those who chose to borrow money from the loansharks....

Giansex
25-10-2017, 04:11 PM
Loansharks are bastard who will resort to anything to recover the loan, and they took advantage of desperate people and charge exorbitant interests. But in the first place, if no one approaches them for a loan, would they survive? Answer is no. In the end, the biggest fool is those who chose to borrow money from the loansharks....
Well said bro...But there are many desperate guys out there. Heard from my fren some borrow to buy latest iPhone some spend hanging flowers..But most are gambling addicts...

rageraven
25-10-2017, 04:44 PM
After you started getting a loan, very soon you will have a lot of good bros who will contact you to offer you more loans. Your contact will be circulated among the ah longs as potential customers. The more loans you get, the more shit you sink into...

blowfish
26-10-2017, 06:40 AM
Alot of operators have a data base linked. If you have siam your previous ah long by changing address, my advise is dont take any loans from loan shark. Once you submit your info n ic, trying to take new loans. This operators has a habit of calling other known operators to check your ic n background. If heng heng, your info n ic appear to the old ah long you owe, very fast someone will come over n do job at your new address

yamashikata
26-10-2017, 07:23 AM
Alot of operators have a data base linked. If you have siam your previous ah long by changing address, my advise is dont take any loans from loan shark. Once you submit your info n ic, trying to take new loans. This operators has a habit of calling other known operators to check your ic n background. If heng heng, your info n ic appear to the old ah long you owe, very fast someone will come over n do job at your new address

How big is this data base ? Is it the same system as what the legal moneylenders are using ?

I thought that have this pratice/mentality/code of conduct of "I dont care who you owe as long as my loan you pay swee swee can liao" ?

Giansex
26-10-2017, 08:09 AM
How big is this data base ? Is it the same system as what the legal moneylenders are using ?

I thought that have this pratice/mentality/code of conduct of "I dont care who you owe as long as my loan you pay swee swee can liao" ?

Similar...they are.able.to check.how many loan u have with all.the loan sharks. Sharing is caring bro..

yamashikata
27-10-2017, 02:46 PM
Similar...they are.able.to check.how many loan u have with all.the loan sharks. Sharing is caring bro..

You mean all the loan shark knows one another ??? :confused:

blowfish
28-10-2017, 10:16 AM
You mean all the loan shark knows one another ??? :confused:

When i first went out with my bro i didnt know how small this loan shark market is. He brought me to this pub at hk street. Its call "zhong wan" after awhile, we started going down every nite after work. He soon started to intro his friends that join us on the sofa seats. Got quite afew he intro their real names, then he whisper their stall names to me, i was wtf, serious?!! Those names that my bro mentioned, i heard before. Name afew, ah king,Dino, ah shan n xia lu

whatrubbish
28-10-2017, 10:24 AM
You mean all the loan shark knows one another ??? :confused:

Sillypore so small most likely they know each other . Also they might want to do credit check on borrower . :D

pusswombie
28-10-2017, 06:02 PM
Sillypore so small most likely they know each other . Also they might want to do credit check on borrower . :D

Probably common database too . :D

blowfish
29-10-2017, 07:03 AM
Its not hard to ask around other operators in the same trade for sao ka's info.
At time the other operators will call us back n ask if we have loan for their sao ka. Even have they will ask us for feed back. If its not a good ka, we'll say sao not swee

yamashikata
12-11-2017, 09:20 AM
Does anyone knows the market rate for

1) Commandos (Painter)
2) ATM Transfer
3) Opening bank account
4) Checking/Verifing IC
5) Driver

chuckiedick
12-11-2017, 09:36 AM
You want to start a Ah long business ?

yamashikata
12-11-2017, 09:38 AM
You want to start a Ah long business ?

Nah just curious. No money, no human resources to start ah long business

CannonBalls
12-11-2017, 11:23 AM
Out from prison a few mths ago. Got to know some guys inside for ah long case.

1) Commandos (Painter) Msian guy sit 3yrs+ and 24strokes of cane. Heard every house he deface is 3 strokes.

2) ATM Transfer. Cell mate sit 9mths for letting shark use his acct n send the $ to msia.

3) Opening bank account. Another cell mate sit 6mths for using his bank act to be used to offset the loans he cant pay.


So think more than twice if wanna do these things.

yamashikata
12-11-2017, 11:27 AM
Out from prison a few mths ago. Got to know some guys inside for ah long case.

1) Commandos (Painter) Msian guy sit 3yrs+ and 24strokes of cane. Heard every house he deface is 3 strokes.

2) ATM Transfer. Cell mate sit 9mths for letting shark use his acct n send the $ to msia.

3) Opening bank account. Another cell mate sit 6mths for using his bank act to be used to offset the loans he cant pay.


So think more than twice if wanna do these things.

Wow very heavy punishments leh. :eek:

But did you ask them how much were they pay and hw much they have earned to serve the sentence ?

YELLOW
12-11-2017, 11:40 AM
Wah lau i tot someone had sex w loan shark

Cuntworth
12-11-2017, 12:26 PM
Out from prison a few mths ago. Got to know some guys inside for ah long case.

1) Commandos (Painter) Msian guy sit 3yrs+ and 24strokes of cane. Heard every house he deface is 3 strokes.

2) ATM Transfer. Cell mate sit 9mths for letting shark use his acct n send the $ to msia.

3) Opening bank account. Another cell mate sit 6mths for using his bank act to be used to offset the loans he cant pay.


So think more than twice if wanna do these things.

And what the reason u are inside too??? Runner too????

CannonBalls
12-11-2017, 12:34 PM
But did you ask them how much were they pay and hw much they have earned to serve the sentence ?

Never really ask but if not wrong, it wasnt any big amts. Maybe 150-300 those amts. Totally not worth it kind.

And what the reason u are inside too??? Runner too????

Nah. In for infringement of trademark.

Xxbonk
12-11-2017, 03:45 PM
Set fire 500..